Food and Beverage Processing Equipment Market, By Equipment Type (Mixers, Ovens and Baking Equipment, Refrigeration Equipment, Conveyors, Packaging Equipment, and Others), By End User (Food Processing, and Beverage Processing), By Geography (North America

Food and Beverage Processing Equipment Market, By Equipment Type (Mixers, Ovens and Baking Equipment, Refrigeration Equipment, Conveyors, Packaging Equipment, and Others), By End User (Food Processing, and Beverage Processing), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)

Various factors have contributed to this growth including rising population, rapidly changing dietary habits, and food consumption patterns across the world. Advanced and automated equipment are being utilized extensively in food processing industries to meet the growing demand for processed and packaged food items in an efficient and cost-effective manner. From raw material handling and mixing to portioning, filling and end of line packaging, modern food processing equipment performs complex operations at high speeds with marginal human interventions. Innovation in food processing technology has enabled manufacturers to offer products with higher shelf life and better food safety. With growing health awareness as well, equipment supporting production of nutrient-rich, low calorie food variants are gaining more prominence.

Market Dynamics:

Population growth, urbanization, and rising disposable incomes in developing economies are some of the key drivers propelling the demand for food and beverage processing equipment globally. However, high initial investment costs associated with automation equipment as well as fluctuations in raw material prices pose challenges to industry players. On the positive side, there exists immense opportunities for equipment manufacturers in the growing segments of bakery & confectionery, dairy, beverages and packaged food. Ongoing technological advancements focused on yield optimization, traceability and sustainability are also expanding the scope of the food processing equipment industry.

Key Features of the Study:

This report provides in-depth analysis of the global food and beverage processing equipment market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year.

It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market

This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players

It profiles key players in the global food and beverage processing equipment market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies

Key companies covered as a part of this study include JBT Corporation, Bühler Group, Tetra Pak, GEA Group, Alfa Laval, SPX Flow, Marel, Multivac, Hobart Corporation, Krones AG, Clextral, Schott AG, Sidel Group, Heat and Control, KHS GmbH, Promach, Berry Global, Odenberg Engineering, Fritsch GmbH, and Festo AG & Co. KG

Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics

The global food and beverage processing equipment market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global food and beverage processing equipment market

Detailed Segmentation-

By Equipment Type Insights (Revenue, USD Bn, 2019 - 2031)

Mixers

Ovens and Baking Equipment

Refrigeration Equipment

Conveyors

Packaging Equipment

Others

By End User Insights (Revenue, USD Bn, 2019 - 2031)

Food Processing

Beverage Processing

Regional Insights (Revenue, USD Bn, 2019 - 2031)

North America

U.S.

Canada

Latin America

Brazil

Argentina

Mexico

Rest of Latin America

Europe

Germany

U.K.

Spain

France

Italy

Russia

Rest of Europe

Asia Pacific

China

India

Japan

Australia

South Korea

ASEAN

Rest of Asia Pacific

Middle East

GCC Countries

Israel

Rest of Middle East

Africa

South Africa

North Africa

Central Africa

Key Players Insights

JBT Corporation

Bühler Group

Tetra Pak

GEA Group

Alfa Laval

SPX Flow

Marel

Multivac

Hobart Corporation

Krones AG

Clextral

Schott AG

Sidel Group

Heat and Control

KHS GmbH

Promach

Berry Global

Odenberg Engineering

Fritsch GmbH

Festo AG & Co. KG